Chicago Pacific Founders, a U.S. healthcare investment firm, has paid $27 million for The Manor Village at Scottsdale, a 101-unit senior housing community in Scottsdale, Arizona.
The 101-unit senior housing community, which is located at 9160 E. Desert Cove Ave. on 2.4 acres, has amenities including an outdoor pool and spa, rooftop terrace, fitness center, beauty salon and barbershop.
Chicago Pacific acquired the asset, with floorplans ranging from 630 to 1011 square feet, through its senior platform, CPF Living Communities, from the Statesman Group.
More so, Chicago Pacific Founders is rebranding the property, constructed in 1998, as The Ranch Estates at Scottsdale.